Obstacle-Avoidance Light Detection And Ranging (LiDAR) Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth

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How Large Will the Obstacle-Avoidance Light Detection And Ranging (LiDAR) Market Size By 2025?_x000D_
The market size of obstacle-avoidance light detection and ranging (LiDAR) has experienced swift expansion in the last few years. The market growth will progress from $1.19 billion in 2024 to $1.37 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 15.6%. The historic period's growth can be ascribed to factors like the enhanced use of advanced driver assistance systems, the surge in automation within industrial sectors, increased early uptake within the robotics and drones industry, a growing demand for accuracy in manufacturing, and augmentation of early support from defense and aerospace sectors._x000D_
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How Big Is the Obstacle-Avoidance Light Detection And Ranging (LiDAR) Market Size Expected to Grow by 2029?_x000D_
In the coming few years, the market size for obstacle-avoidance light detection and ranging (LiDAR) is predicted to see quick expansion. The market is projected to reach $2.42 billion in 2029, growing at a compound annual growth rate (CAGR) of 15.2%. The anticipated growth during this period can be associated with the rise in the production of autonomous vehicles, the expansion of smart city and infrastructure developments, a heightened demand for warehouse automation, increased focus on traffic safety, and government support for autonomous mobility. Upcoming trends in this forecast period encompass progress in solid-state LiDAR technology, the merging of artificial intelligence with LiDAR systems, ongoing creation of compact and inexpensive LiDAR units, investigation into sensor fusion methods, and advancements in automotive-grade LiDAR designs._x000D_
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Which Key Market Drivers Powering Obstacle-Avoidance Light Detection And Ranging (LiDAR) Market Expansion and Growth?_x000D_
The growing interest in self-driving cars is predicted to significantly boost the obstacle-avoidance Light Detection and Ranging (LiDAR) market. Autonomous vehicles, which utilize sensors, cameras, radar, and artificial intelligence to operate without human control, employ obstacle-avoidance LiDAR to construct accurate and highly detailed 3D maps of their immediate surroundings in real-time. This technology allows for the precise detection and categorization of nearby entities such as pedestrians, cyclists, and road debris. For example, the Trafikanalys, a government agency based in Sweden, reported in February 2025 that China's intelligent connected vehicle industry, which was worth $18.71 billion (134.2 billion yuan) in 2022, is forecasted to reach $30.99 billion (222.3 billion yuan) by 2026, indicating rapid sector growth. As a result, the expanding demand for autonomous vehicles is fuelling the rise of the obstacle-avoidance light detection and ranging (LiDAR) market._x000D_
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Which Fast-Growing Trends Are Poised to Disrupt the Obstacle-Avoidance Light Detection And Ranging (LiDAR) Market?_x000D_
Key players in the market for obstacle-avoidance light detection and ranging (LiDAR) are prioritizing the development of innovative offerings, including frequency-modulated continuous wave technology, with the goal of enhancing range, precision, and motion tracking as well as limiting interference. This technology is a LiDAR sensing approach that continuously transmits laser light while altering its frequency periodically. It gauges the time and frequency deviation between the transmitted and received signals for the purpose of calculating the distance and speed of objects. For instance, Aeva Technologies Inc., a firm headquartered in the US that specializes in sensing hardware and perception software, introduced Aeries II in February 2022. It's a 4D LiDAR sensor designed with automotive-grade reliability to pave the way for greater autonomy in sectors such as automotive, industrial, and others. With up to 1000 lines per frame and no motion blur, Aeries II outputs real-time visuals. It enables 4D Localization, providing real-time estimation of ego vehicle motion with six degrees of freedom. Additionally, it boasts a 4D Perception Capability that can detect immediate velocity (the 4th dimension) for every point along with its 3D position._x000D_
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What Are the Emerging Segments in the Obstacle-Avoidance Light Detection And Ranging (LiDAR) Market?_x000D_
The obstacle-avoidance light detection and ranging (LiDAR) market covered in this report is segmented - _x000D_
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1) By Product Type: Solid-State Light Detection And Ranging (LiDAR), Mechanical Light Detection And Ranging (LiDAR)_x000D_
2) By Range: Short-Range (Up To 100 Meters), Medium-Range (100 To 500 Meters), Long-Range (500 Meters And Above)_x000D_
3) By Technology Type: Time-Of-Flight (ToF) Light Detection And Ranging (LiDAR), Phase-Shift Light Detection And Ranging (LiDAR), Flash Light Detection And Ranging (LiDAR), Hybrid Light Detection And Ranging (LiDAR)_x000D_
4) By Application: 3D Recognition, Volume Measurement, People Counting, Safe Working Area Protection, Other Applications_x000D_
5) By End-User: Automotive, Aerospace, Industrial, Consumer Electronics, Other End-Users_x000D_
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Subsegments:_x000D_
1) By Solid-State Light Detection And Ranging (LiDAR): Flash Light Detection And Ranging (LiDAR), Optical Phase Array Light Detection And Ranging (LiDAR), MEMS-based Light Detection And Ranging (LiDAR), Frequency Modulated Continuous Wave Light Detection And Ranging (LiDAR)_x000D_
2) By Mechanical Light Detection And Ranging (LiDAR): Spinning Light Detection And Ranging (LiDAR), Oscillating Mirror Light Detection And Ranging (LiDAR), Dual-Axis Rotating Mirror Light Detection And Ranging (LiDAR), Hybrid Rotational Light Detection And Ranging (LiDAR)_x000D_
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Who Are the Global Leaders in the Obstacle-Avoidance Light Detection And Ranging (LiDAR) Market?_x000D_
Major Companies operating in the obstacle-avoidance light detection and ranging (LiDAR) market are Continental AG, Valeo S.A., Aptiv PLC, Waymo LLC, LS LiDAR Technology Co. Ltd., Hesai Technology Co. Ltd., Ouster Inc., Luminar Technologies Inc., Hokuyo Automatic Co. Ltd., Benewake (Beijing) Co. Ltd., LeddarTech Inc., Cepton Technologies Inc., Quanergy Systems Inc., Innoviz Technologies Ltd., LiDAR Solutions Inc., XenomatiX N.V., Sentech Industries Private Limited, Aeva Inc., Hypersen Technologies Co. Ltd., RoboSense Technology Co. Ltd. _x000D_
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Which are the Top Profitable Regional Markets for the Obstacle-Avoidance Light Detection And Ranging (LiDAR) Industry?_x000D_
North America was the largest region in the obstacle-avoidance light detection and ranging (LiDAR) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the obstacle-avoidance light detection and ranging (LiDAR) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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